Bitcoin / Bitcoins / Crypto Currency

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  • why is this even news? I mean, why does anyone care who created bitcoins?

    If it turned out to be an academic, who did the ground work and research during work hours on work machines... i.e. the original n coins were mined continuously for the first y time... perhaps on a Uni machine?

    Then it opens all kinds of interesting boxes belonging to Pandora:

    • Does the employer have a fair claim over the IP rights and any patents of the technology? YES!
    • Does the employer have a fair claim over all of those generated bitcoins? YES!
    • Would it impact the employees ability to continue in their research and teaching? YES!

    Potentially, if this was real, the resultant legal cases that would arise and claims upon the unspent initially mined coins would be akin to an earthquake within a community. Especially if the original licence for the code was found to be invalid (granted without rights), and the core IP and ownership was with a private corporation.

    There's a hell of a lot riding on Satoshi never coming forward, or being conveniently in a place (career wise) during those early days such that there is little to no impact on what has since been achieved.

  • @Stonehedge Are you using the bitcoin blockchain of have they demanded their own, thereby missing the point?

  • They are not using the Bitcoin blockchain. They'd be mad to use it because the governance issues that are plaguing the BTC project. BTC has failed the decentralised governance test and the future isn't clear.

    They would only be missing the point if using a proprietary blockchain to support a currency within the confines of their corporation. There are quite a few benefits to using blockchain for immutable ledger, compliance, notary and even inventory and audit purposes.

  • As for Gavin Anderson

    Hey, no need to encrypt his name now. :)

  • Meh, it is a stupid spelling anyway.

  • What does any of THIS mean?

  • "signiture"

  • Not much. I think he is crying conspiracy theory or it is a satirical take of http://www.drcraigwright.net/jean-paul-sartre-signing-significance/

    I haven't ruled him out of being SN in my mind yet but he has to do one of two things (or both) if he is going to prove it to the world:

    1) Sign a message saying "I, Craig White, am Satoshi Nakamoto" using one of SN's private keys.

    2) Perform a transaction using a coin from Block 9 which is the only mined block to be known 100% to have been mined by Satoshi Nakamoto. Block 0 was Satoshi's but you cannot spend coins from the genesis block.

    Either of the above would be enough to prove that he is Satoshi Nakamoto or or has acquired access to his encryption keys.

  • Something has just dawned on me. A handful of cryptographers are arguing that there is an outcome that we haven't thought of.

    There is a tiny chance that Craig White isn't Satoshi but has managed to find a cryptographic flaw in the Bitcoin protocol.

    I'm not sure whether to hope they're right or wrong.

  • And then as if by magic...

  • Has anyone tried to download the ethereum/mist wallet in order to by DAO tokens? Taking it's sweet time...

  • I guess not ^^ ....

    Anyhow, I am now speculating on some Ether, seems like the Ethereum community and the function of the codebase is going to make for a really interesting future for Ethereum.

  • I had massive problems and just bought via kraken in the end.

  • that's what I am trying to do but I don't like the idea of leaving my loot on a trading platform (also kraken taking effing ages to clear my funds). I just downloaded the jaxx wallet which does Bitcoin and Eth in the same wallet - looks good and very user-friendly, but dubious about putting large sums in there.

  • Anyone want to buy 1xBitcoin at slightly below the market rate? I have one to sell and would rather do this hassle free via lfgss. Pm me.

  • I'll have it. Will PM in a moment.

  • Wow that was quick!

  • Those drugs and guns aren't going to buy themselves.

  • Just re-found this thread... Thank fuck my hard drive thrashed for so long trying to down load the ethereum chain. Gave me time to dig into the project a bit more... And in that time hack of the dao and kaput!

    If anyone happy to trade with monero let me know.

  • Are you selling some btc?

  • Anyone interested in buying some BTC?

  • Thought there'd be a thread for this on here. My tech dork friend has finally convinced me I need to get started with bitcoin stuff so I've set up an account with some kind of exchange called safello, bought a small amount and put it in my mycelium wallet. Now what? Amidoinitrite?

  • Buy now quick as the price is low!

    In all seriousness there has been a bit of a drop in the last few days. But it's a ridiculously volatile market so it's anyone's guess.

    Over on reddit there seems to be a strong consensus for buying what you can afford, storing safely, and forgetting about it.

    Worth keeping an eye on fees for getting your money out.

  • Over on reddit there seems to be a strong consensus for buying what you can afford, storing safely, and forgetting about it.

    And dont do what I have done and forget the password, argh! Stupid multibit wallet can't be reset either

  • buying what you can afford, storing safely, and forgetting about it.

    Excellent. I thought I'd need to be on my toes or the internet would kill me or something. I feel there's quite a lot to read up on.

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Bitcoin / Bitcoins / Crypto Currency

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